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Biotech / Medical : Ligand (LGND) Breakout!
LGND 208.29-0.3%3:59 PM EST

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To: tuck who wrote (16748)3/7/1998 8:48:00 PM
From: Henry Niman  Read Replies (2) of 32384
 
tuck, I suspect that the estrogen serum is an (estrogen) SERM, but I doubt that it's the mystery compound from LLY. SERM stand for Selective Estrogen Receptor Modulators and the acronym relates to molecules that produce different effects in different tissues via estrogen receptors. LLY has the only new SERM on the market (Evista, aka Raloxifene) although ZEN's Tamoxifen could also be called a SERM. PFE has two SERMs in clinical trials (Droloxifene and CP-366,156) while AHP is slated to file an IND for another SERM, TSE424 (Tissue Specific Estrogen).

LLY is banking on Evista being a blockbuster, so they have a research deal with LGND to see if rexinoids (like Targretin, LGD1268, or LGD1324) can synergize of enhance the SERM.

The compound that LGND could get from LLY would target a much smaller market. The strong speculation is that the drug in question is SRGN's DAB IL-2 fusion protein for treating CTCL.
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